REI Lense

REI Lense

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$1,169 (target)

2115 Hershey Ave, Muscatine, IA 52761

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Long-Term investment with a projected -7.57% first-year return on $33,915 initial cash invested.

-7.57%

Cash On Cash

5.05%

Cap Rate

0.81

DSCR

$1,169

Rent

-$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,169 income − $1,383 expenses = $214 out of pocket

Income$1,169Out of Pocket$214Mortgage P&I$83672%Property Taxes$18616%Insurance$585%Management$11710%CapEx$585%Vacancy$706%Maintenance$585%

Investment Breakdown

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Purchase Price

$162k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,915

Downpayment

20%

$32,300

Closing costs

1%

$1,615

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,169

Total Expenses

$1,383

Mortgage P&I

72%

$836

Property Taxes

16%

$186

Home Insurance

5%

$58

HOA

0%

$0

Property Management

10%

$117

CapEx

5%

$58

Vacancy

6%

$70

Maintenance

5%

$58

Other

0%

$0

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